FINDING THE RIGHT residential mortgage

PURCHASE REMORTGAGE

FINDING THE RIGHT residential mortgage

PURCHASE REMORTGAGE

PERSONAL & BESPOKE SERVICE

FOR EVERY KIND OF MORTGAGE

Whether you need advice on a mortgage, finance or insurance, at Drake Mortgages we can prepare a custom recommendation that will suit your individual needs, circumstances & of course, your budget.

Above all, as impartial brokers we have the freedom and independence to search the whole of the UK marketplace for mortgages, or the personal insurance products that you may require.

In addition, our team of friendly expert brokers are happy to call or meet with you at a day and time most convenient to you.

GETTING THE BEST buy to let mortgage

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GETTING THE BEST buy to let mortgage

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A wealth of RELEVANT Experience

DELIVERING FINANCE SOLUTIONS IN CHALLENGING MARKETS

Drake Mortgages prides itself on building long lasting relationships with its clients & customers.

Relevant to the client, circumstances & current market conditions.

We have a wealth of experience in the mortgage market, we believe in putting the customer at the heart of everything we do. We are a people orientated business, making sure service, information & finance solutions are always delivered appropriately.

SECURING A holiday let mortgagE 

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SECURING A holiday let mortgagE 

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Our Mortgage Customer care Charter

TOTAL COMMITMENT TO YOU – OUR CUSTOMER
  • We will aim to explain the service that we provide, the true cost, benefits & consequence of any product or service you buy from us.
  • We will ask a number of questions that will enable us to fully understand your circumstances, needs & budget.
  • Your personal information will always be treated in the strictest confidence.
  • We will strive to make strong relationships with product & service providers to ensure they mirror our commitment to you.
  • We will always explain paperwork to you in a way you understand & support our advice with timely, easy to comprehend documentation.
  • On occasions that we feel it is appropriate for us to charge a fee for our services we promise that it will reasonable & justifiable.
  • We will always give you the suitable advice – even if it means losing your business to a competitor.
  • All of our staff will be professional & courteous to you even if they are not directly involved in your business.

Common Mortgage Questions

Should I use a mortgage broker near me?

There can be many benefits to using a mortgage broker that is near to your home or place of work.

Should meetings be needed then these are likely to be convenient for you and often mortgage advisors can arrange to see clients during a lunch break or after their working day. Also you may find some of your friends or family have used a local mortgage broker that they can then recommend

For the most part, it should be possible for brokers to arrange your mortgage without the need for a physical meeting. Efficient use of technology and communication means that the work involved including the paperwork can be completed without actual meetings.

What does a mortgage broker do?

The primary role for a mortgage broker is to find you the right mortgage for your circumstances.

To do this they first need to ask you some questions to be aware of your current circumstances and then what you would like achieve with the new mortgage. A broker may also need to provide some education to clients on certain aspects of the mortgage, the process and any options available.

They will then search for the mortgage that best suits you. Once agreed, the paperwork is completed & checked and submitted to the lender. Brokers, and their admin teams, will then spend time liaising with lenders as the mortgage processes to offer stage. They will then continue to monitor the situation until legal completion takes place.

It’s important to consider the types of insurance needed for your mortgage and brokers can also help with this.

How do mortgage brokers get paid?

Mortgage brokers will get paid differently depending on their employment status. Employed advisers will often have a basic salary and then bonuses or commission based on the mortgages they sell.

The company they work for will receive an income from the mortgage lenders as a commission payment for each mortgage and then a fee charged to the mortgage client. This fee is variable depending on how complex the mortgage requirement is.

Are mortgage brokers better than banks?

Many customers find that it is convenient to have their mortgage arranged by their current account provider or a bank branch that is local to them. The overriding downside is that the bank can only discuss and recommend their own mortgage range.

There maybe better mortgages available that are cheaper and more flexible from another company.

And this is where an Independent Mortgage Broker can provide real value. They can search the mortgage market, which includes thousands of different mortgage schemes, to find one that is right for you. So you can feel confident that you have the best deal.

Get in touch today

Please get in touch if you would like to know more about us & how we can help you.

020 8301 7930 or info@drakemortgages.co.uk

Get in touch today

Please get in touch if you would like to know more about us & how we can help you.

020 8301 7930 or info@drakemortgages.co.uk

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